SBA Communications Corporation Reports 2nd Quarter 2017 Results; Updates Full Year 2017 Outlook

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Go back to SBA Communications Corporation Reports 2nd Quarter 2017 Results; Updates Full Year 2017 Outlook

SBA Communications (SBAC) PT Raised to $159 at Jefferies Following 2Q

August 1, 2017 7:58 AM EDT

Jefferies raised its price target on SBA Communications (NASDAQ: SBAC) to $159.00 (from $150.00) while maintaining a Buy rating following the company's 2Q. Site leasing revenue of $403.0mn was slightly ahead of Street estimates, even adjusting for ~$0.4mn of F/X benefit. AFFO per share of $1.73... More

SBA Communications (SBAC) Tops Q2 FFO by 6c

July 31, 2017 4:02 PM EDT

SBA Communications (NASDAQ: SBAC) reported Q2 FFO of $1.76, $0.06 better than the analyst estimate of $1.70. Revenue for the quarter came in at $427.3 million versus the consensus estimate of $425.72 million.

... More